Victory Park Leads $200MM AvantCredit Facility
AvantCredit announced the completion of a $75 million round of Series C funding led by Tiger Global Management and a $200 million credit facility led by Victory Park Capital.
AvantCredit announced the completion of a $75 million round of Series C funding led by Tiger Global Management and a $200 million credit facility led by Victory Park Capital.
Victory Park Capital announced that it provided a $9.5 million credit facility to Construction Data Company, a portfolio company of Alta Communications.
Victory Park Capital announced that it named Jason Brown partner. Brown was previously a managing director in corporate and restructuring finance at GE Capital, where he spent more than 10 years.
Victory Park Capital announced it named Jason Brown as partner. Brown, a 20-year financial services veteran will lead the firm’s new Los Angeles office.
Mi Pueblo Foods announced its emergence from Chapter 11 reorganization after completing financial restructuring. Mi Pueblo received $56 million in financing from VPC as part of the financial restructuring.
Victory Park Capital announced it provided a $50 million credit facility to LendUp, a direct lender focused on non-prime borrowers. The facility will be used for geographical expansion.
Victory Park Capital announced that portfolio company Silver Airways has secured a credit facility from GB Credit Partners.
Victory Park Capital announced that former U.S. Sen. Joseph I. Lieberman joined as chairman of the firm’s executive board.
Victory Park Capital funded $12.5 million of a $60 million first lien term loan to Joe’s Jeans. Joe’s also closed on a $50 million revolving credit facility.
Victory Park Capital promoted Charles Asfour (principal), Matthew Coad (VP) and Thomas Welch (VP) and added five new hires in Chicago.